TO: LINDA REICH, CITY MANAGER
FROM: HYE JIN LEE, PE, DIRECTOR OF PUBLIC WORKS
SUBJECT
title
Cooperative Reimbursement Agreement Between the City of Chino and the City of Pomona for the Walnut Avenue Improvements as part of the Street Rehabilitation FY2023-24 Project (ST241)...end
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RECOMMENDATION
recommendation
1) Appropriate $139,801 to the Transportation Fund (320), with a corresponding year-end transfer in the same amount from the General Fund (100) reserves; 2) approve a Cooperative Reimbursement Agreement between the City of Chino and the City of Pomona in an amount not to exceed $139,801 to establish project cost sharing and reimbursement obligations for the construction of the Walnut Avenue Pavement Improvements as part of the Street Rehabilitation FY2023-24 Project (ST241); 3) approve a Change Order No. 1, to Hardy & Harper Inc., in the amount of $109,901 for a not-to-exceed revised contract amount of $3,305,451 for the Walnut Avenue Pavement Improvement; and 4) authorize the City Manager to execute the necessary documents on behalf of the City.
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FISCAL IMPACT
The Street Rehabilitation FY2023-2024 Project (ST241) requires an appropriation of $139,801 to the Transportation Fund (320) with a corresponding year-end transfer in the same amount from the General Fund (100) reserves. Project ST241 will have a revised total project budget of $6,191,327. Per the Cooperative Reimbursement Agreement, the City of Pomona will reimburse the City the total cost of construction of the Walnut Avenue Improvements up to $139,801. Contingency will not be used for Change Order No. 1 and will remain at the original amount of $319,555.
Funding Source
Adopted Budget
Additional Appropriation
Revised Project
Budget
Fund 320 Transportation
$3,614,526.00
$139,801.00
$3,754,327.00
Fund 322
Measure I
$500,000.00
$0
$500,000.00
Fund 327
RMRA (SB 1) *
$1,937,000.00
$0
$1,937,000.00
TOTALS:
$6,051,526.00
$139,801.00
$6,191,327.00
*Note: Road Maintenance and Reh...
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